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Strategy Mapping: Management Tip of the Day for Busy Managers
Does strategy really matter to the individual manager, or is it only a consideration for the leadership group of the organization? This week we talk about how to translate strategic drivers into more practical activities using Strategy Maps.
Monday’s Tip (Strategy Mapping): Keep it simple. Strategy Mapping is elegant in its simplicity. Don’t remove this advantage by taking a simple idea and making it complex.
Tuesday’s Tip (Strategy Mapping): Involve your team in the creation of a strategy map. Part of the objective of a Strategy Map is connect employees’ activities to higher level business drivers. It’s much easier to make this connection if you include people in the creation of the strategy map.
Wednesday’s Tip (Strategy Mapping): Be crystal clear on the larger organizational goals and objectives. If you’re not clear on the higher level business drivers, then your strategy map will naturally be confused and useless.
Thursday’s Tip (Strategy Mapping): Change the generic categories to suit your needs. Kaplan and Norton have suggested 4 categories as a starting point. You should adjust them as necessary.
Friday’s Tip (Strategy Mapping): Put Your Strategy Map Front and Center. Present your strategy map visually, and put it where everyone can see it. It’s important to constantly reinforce how their work connect to the larger picture.
Three Things to Remember About Strategy Mapping:
1. Keep it simple. Strategy mapping works because it is conceptually easy. Do not make it more difficult than it needs to be.
2. Place your strategy map front and. Once you’ve created your strategy map, put it where everyone can see it, and understand how their work has an impact on the larger organizational goals and objectives.
3. Adjust the standard categories to meet your needs. Kaplan and Norton suggest 4 perspectives, and they are excellent starting points for the creation of your strategy map. Don’t feel limited by those categories, however.
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